Monetary Matters with Jack Farley cover image

The Case For Tariffs | Oren Cass on Why Globalization Has Mostly Been Bad, And The Need To Redress Unbalanced Trade

Monetary Matters with Jack Farley

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The Complexities of Globalization and Capitalism

This chapter examines the complexities of globalization, specifically the wage gaps between nations such as the United States and Vietnam. It discusses the role of capitalism and labor arbitrage in driving these disparities while reflecting on Adam Smith's insights regarding domestic versus global investment.

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